LAHORE UNIVERSITY OF MANAGEMENT SCIENCES (LUMS)

LAHORE UNIVERSITY OF MANAGEMENT SCIENCES (LUMS) The Lahore University of Management Sciences was founded in 1986 by a group of industrialists headed by Syed Babar Ali By the time the institution had been established, large industrial and commercial houses had begun to recruit professional managers for their enterprises LUMS was designed to meet this burgeoning demand It was fashioned after the Harvard Business School, borrowing the Harvard case method for teaching Having started in rented buildings in Gulberg, Lahore, LUMS moved to a permanent, 100 acre campus-financed in part by a grant from the US Agency for International Development (AID)-near the Defense Housing Society on the outskirts of LahoreInitially, LUMS focused on training students in managerial sciences, awarding the degrees of master of business administration after two years to students selected after they had finished three years of college Later, in 1994, the institution established the School of Arts and Sciences which offered a four year program leading to a bachelor’s degree In 2005, LUMS announced a program of expansion aimed at establishing two new schools-the School of Law and the School of Science and Engineering

The aim was to provide multi-disciplinary education in science, engineering, social sciences, humanities, and management at both the undergraduate (BS) and graduate levels(MS and PhD) The board also announced that it had received a US$25 million donation from the Dawood family for establishing a new Suleiman Dawood School for Management Sciences In the 2004-2005 academic year, LUMS had a student body of 2,100, of whom more than a third were women It also established an executivetraining program, once again patterned after that of the Harvard Business School